Omega Healthcare Investors, Inc (NYSE: OHI) is 30.66% higher on its value in year-to-date trading and has touched a low of $27.53 and a high of $44.42 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OHI stock was last observed hovering at around $40.97 in the last trading session, with the day’s loss setting it -0.91%.
Currently trading at $40.06, the stock is -2.79% and -1.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.72 million and changing -2.22% at the moment leaves the stock 15.02% off its SMA200. OHI registered 27.50% gain for a year compared to 6-month gain of 30.23%. The firm has a 50-day simple moving average (SMA 50) of $40.6592 and a 200-day simple moving average (SMA200) of $34.8275.
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The stock witnessed a -1.40% loss in the last 1 month and extending the period to 3 months gives it a 6.60%, and is 1.19% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.54% over the week and 2.34% over the month.
Omega Healthcare Investors, Inc (OHI) has around 57 employees, a market worth around $10.81B and $1.02B in sales. Current P/E ratio is 29.67 and Fwd P/E is 25.46. Profit margin for the company is 34.09%. Distance from 52-week low is 45.52% and -9.81% from its 52-week high. The company has generated returns on investments over the last 12 months (3.83%).
The EPS is expected to grow by 48.24% this year
776.0 institutions hold shares in Omega Healthcare Investors, Inc (OHI), with institutional investors hold 67.00% of the company’s shares. The shares outstanding are 269.95M, and float is at 269.32M with Short Float at 3.11%. Institutions hold 66.81% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 35.4 million shares valued at $1.21 billion. The investor’s holdings represent 14.3856 of the OHI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 30.1 million shares valued at $1.03 billion to account for 12.2328 of the shares outstanding. The other top investors are STATE STREET CORP which holds 12.23 million shares representing 4.9683 and valued at over $418.73 million, while GEODE CAPITAL MANAGEMENT, LLC holds 2.5333 of the shares totaling 6.23 million with a market value of $213.54 million.
Omega Healthcare Investors, Inc (OHI) Insider Activity
The most recent transaction is an insider sale by BOOTH DANIEL J, the company’s CHIEF OPERATING OFFICER. SEC filings show that BOOTH DANIEL J sold 56,725 shares of the company’s common stock on Sep 27 ’24 at a price of $40.25 per share for a total of $2.28 million. Following the sale, the insider now owns 100000.0 shares.
Omega Healthcare Investors, Inc disclosed in a document filed with the SEC on Sep 27 ’24 that STEPHENSON ROBERT O (CHIEF FINANCIAL OFFICER) sold a total of 22,542 shares of the company’s common stock. The trade occurred on Sep 27 ’24 and was made at $40.19 per share for $0.91 million. Following the transaction, the insider now directly holds 0.18 million shares of the OHI stock.
Still, SEC filings show that on Sep 27 ’24, BOOTH DANIEL J (Officer) Proposed Sale 56,725 shares at an average price of $40.33 for $2.29 million. The insider now directly holds shares of Omega Healthcare Investors, Inc (OHI).
